G.S.R.___(E):- In excercise of the powers conferred by section 73 and section 74 read wth sub-section(1) and sub-section (2) of section 469 of the Companies Act, 2013(18 of 2013), the Central Government in consultation with the Reserve Bank of India, hereby makes the following rules further to amend the Companies (Acceptance of Deposits) Rules, 2014 namely:-

1.(1) These Rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2018

(2) They Shall come into force on 15 August 2018

2. In the Companies (Acceptance of Deposits) Rules, 2014

(a) in rule4, in sub-rule (1), after the proviso , the following proviso shall be inserted, namely:-

“Provided further that a certificate of statutory auditor of the company shall be attached in FormDPT-1, stating thet the company has not committed default in the replayment of deposits or in the payment of interest on such deposits accepted either before or after the commencement of the Act and in case a company had committed a default in the repayment of deposits accepted wither before or after the commencement of the Act and in case a company had committed a default in the repayment of the deposits accepted either before or after the commencemnet of the Act or in the payment of interest on such deposits , a certificate of the statutory auditor of the company shall be attached in Form DPT -1 stating that the company had made good the default and the period of default as the case may be.”;

(b) rule 5 shall be omitted;

(c) in Rule 13 , for the proviso , the following shall be substituted , namely :-

“Provided that the amount remaining deposited shall not at any time fall below twenty percent of the amount of deposits maturing during the financial year .”;

(d) in rule 14, in sub-rule (1), clause(k) shall be omitted;

(e) in the Annexure,-

(i)for Form DPT-1 , the following Form shall be substituted , namely:-

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